HUHUTECH International Group Inc. (NASDAQ:HUHU) Sees Large Increase in Short Interest

HUHUTECH International Group Inc. (NASDAQ:HUHU – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 136,544 shares, an increase of 334.9% from the October 15th total of 31,398 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 656,684 shares, the short-interest ratio is currently 0.2 days.

HUHUTECH International Group Trading Down 10.6%

NASDAQ HUHU opened at $0.27 on Friday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.26 and a current ratio of 1.31. HUHUTECH International Group has a one year low of $0.24 and a one year high of $12.20. The company’s 50 day moving average price is $2.88 and its 200 day moving average price is $6.37.

HUHUTECH International Group (NASDAQ:HUHU – Get Free Report) last released its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.34) earnings per share (EPS) for the quarter. The business had revenue of $5.33 million for the quarter.

Analyst Ratings Changes

A number of research analysts recently weighed in on HUHU shares. Wall Street Zen cut HUHUTECH International Group from a “hold” rating to a “sell” rating in a report on Sunday, October 25th. Weiss Ratings raised HUHUTECH International Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, November 4th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Get Our Latest Stock Analysis on HUHUTECH International Group

HUHUTECH International Group Company Profile

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HUHUTECH International Group Inc. provides facility management and industrial automation solutions for high-tech manufacturing. Its systems help customers monitor and manage the utility and environmental infrastructure used in production facilities. The company’s offerings include facility monitoring systems and gas detection systems, along with related engineering, installation, maintenance and technical services. These solutions are designed to support reliable operations and help customers oversee facility conditions and utility systems.

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